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Shailesh J Mehta School of Management (SJMSOM IIT Bombay) Mumbai

Mumbai, Maharashtra | Established in 1995 | Approved/Accredited by UGC | Government

Overview

To promote interdisciplinary learning and to keep up with the changing environment, IIT Bombay established its management school in 1995 with the objective of transforming professionals with technological background to “Renaissance Leaders” of tomorrow. In the year 2000, the school was renamed as Shailesh J Mehta School of Management, in honor of Dr. Shailesh J. Mehta, a distinguished alumnus of IIT Bombay. SJMSOM is supported by contributions from Hindustan Lever Ltd. (now Hindustan Unilever Ltd.), Larsen & Toubro Ltd., ICICI Bank, Hindi Vidya Bhavan and Dr. Shailesh J. Mehta, a distinguished alumnus of IIT Bombay.

SJMSOM IIT Bombay is ranked #10 among the top 125 B-schools in India, in the GoI MHRD NIRF Ranking 2023. It has been conferred the status of Institute of Eminence by the Government of India. SJMSOM Placements are compatible with top B-schools in India including IIMs, SPJIMR, MDI, FMS among others. Shailesh J.Mehta School of Management (SJMSOM) – IIT Bombay has completed Final Placement 2024 for its MBA 2022-24 batch with 33% increase in highest salary but registering 3% dip in average salary. While Highest Salary has gone up at Rs.72 LPA from Rs.54 LPA, the Average salary in SJMSOM Placement 2024 has gone down at Rs.28.01 LPA from Rs.28.88 LPA last year. SJMSOM IIT Bombay has again achieved 100% placements for its MBA 2022-24 batch and this year too, average salary for female students is higher than the average salary of male students. Accenture, Deloitte, PwC, Amazon among others were the prominent recruiters

SJMSOM offers MBA, Executive MBA, and Doctoral PhD programme in Management. SJMSOM provides a well- designed curriculum and training to the students preparing them to meet the contemporary challenges in their professional life ahead.

Course & Fee

SJMSOM IIT Bombay offers various MBA and PhD programmes. These management programs include MBA, and Executive MBA (jointly with Olin Business School of Washington University at St Louis, USA). SJMSoM IIT Bombay also offers doctoral PhD programme in management. SJMSOM courses are offered with a well-designed , industry relevant curriculum. Training to the students in technology and multidisciplinary environment is imparted to prepare them to meet the contemporary challenges in their professional life ahead.

Shailesh J Mehta School of Management (SJMSOM IIT Bombay) Mumbai Master of Business Administration (MBA) Courses

 

Master of Business Administration (MBA) Program Highlights

The SJMSOM IIT Bombay 2 years full time MBA is the flagship management programme of the institute. MBA at SJMSoM is at par with top IIMs and is a high RoI programme While the programme fee is Rs.14 lakhs as compared to Rs.20+ lakhs of IIMs, the average salary in SJMSoM MBA placements is at par or even higher at Rs.28 LPA as compared to IIMs. The admission to the SJMSoM MBA programme is through CAT score. SJMSoM, through its flagship Master of Business Administration (MBA) programme seeks to develop managers for an integrated understanding of all business functions. The rigorous curriculum of the Master of Business Administration (MBA) programme has a judicious blend of courses that provide an in-depth understanding of the operational and strategic aspects of management.
One unique feature of the program is that apart from the regular courses on Finance, Accounting, Operations and HR, SJMSoM prepares for technology management with core courses like Technology Policy, R&D Management and Managing technology transfer. Also, innovative courses like “Mission, Vision and Leadership” provide opportunity for the student to work under the mentorship of Indian Business leaders and to hone their leadership skills.

Course Information Admission Details
Program Type MBA/PGDM Fees Rs. 14.08 Lakhs
Duration 24 Month Seats 152
Mode of Study Full Time Exam Accepted CAT
Type Residential Application Status Open
Placement Details
Average Salary Rs. 25.93 Lakhs
Median Salary Rs. 25.80 Lakhs
Highest Salary Rs. 49.00 Lakhs
Batch Placed 100 %
Admission Parameter
Entrance Exam Score x
Academic Performance x
Personal Interview (PI) x
Work Experience x
WAT x
Others x

 

Admissions

SJMSoM IIT Bombay opens its application process for admission to full time 2 years MBA programme after release of CAT exam result. The application process for admission remains open for a month. The admission criteria for flagship 2 year MBA, Executive MBA and PhD programmes are different. The MBA admission process is based on CAT score, while for Executive MBA admission IIT Bombay accepts GMAT/GRE scores. The eligibility criteria for admission to each programme are also different. The details of admission process for each management programme are incorporated on the respective program pages. Shared below are key details about the SJMSoM-IIT Bombay flagship 2 Year MBA Admission criteria which is a two step process involving the preliminary screening based on CAT score leading to shortlisting of candidates and the Final admission selection Criteria with CAT exam score and other key parameters.

SJMSoM-IIT Bombay will shortlist the candidates on the basis of CAT score, past academic performance, and other criteria. All the shortlisted candidates are to participate in Final selection round for admission to MBA at IIT Bombay. The Final selection round will consist of Personal Interview. Shortlisted applicants need to upload copies of necessary certificates. Candidate’s profile will be given due weightage in final selection round. The Final Merit list of selected candidates for MBA programme will be based on Candidate’s composite score which includes CAT score, PI score and Candidate’s Profile

Admission Process

Apart from appearing in CAT and scoring a minimum percentile in the exam, all the applicants have to apply Online for admission to MBA at SJMSOM-IIT Bombay separately with an application fee of Rs.1600

SJMSoM IIT Bombay opens its MBA admission after release of CAT exam result and keeps it open for a month. SJMSoM IIT Bombay MBA Admission is a two step process involving the preliminary screening based on CAT score leading to shortlisting of candidates and the Final admission selection Criteria with CAT exam score and other key parameters.

  • Submit Application by the last date for SJMSoM IIT Bombay MBA admission
  • SJMSoM-IIT Bombay will shortlist the candidates on the basis of CAT score, past academic performance, and other criteria. Minimum CAT cut off is 90 percentile. Key weightages for shortlisting are as below:
  • Components Weightage out of 100 points Remarks
    CAT overall score 70% 70% weightage to the candidate’s Overall scaled score to be calculated as: CAT score = (Candidate’s CAT scaled score/198) *70
    Class XII Marks  5% At Marks Percentage of 55+ for Arts/Humanities; 60+ in Commerce; 65+ in Science
    Graduation marks  5% At percentage of 85+ for Engg; 70+ for CA/ICWA; 75+ for Medicine/Arts
    Post Graduation/Professionals  5% 3% score will be awarded to Postgraduates candidates (M.Tech/ ME, MD, MS, MA, M.SC, MCA, M.Pharma, M.Plan., M.Arch.,M.Des., M.STAT., M.Com. and Other Commerce/ Economics Postgraduate courses and 5% score will be awarded to Professionals (CA, CS, CFA, ICWA & FRM).
    Gender Diversity factor 10%  For Women candidates only
    Work Experience  5% 24 months to less than 48 months
    Total 100%
  • All the shortlisted candidates are to participate in Final selection round for admission to SJMSOM IIT Bombay. The Final selection round will consist of Personal Interview. Shortlisted applicants need to upload copies of necessary certificates.
  • Candidate’s profile will be given due weightage in final selection round.
  • The Final Merit list of selected candidates for MBA programme will be based on Candidate’s composite score which includes CAT score, PI score and Candidate’s Profile

How to Apply

After the CAT results are declared, SJMSOM-IIT Bombay opens the application process for MBA admission in January first week. The applicants are required to complete the online application form on the website of the B-school. The application process is detailed below:

  • Appear in CAT exam and score well
  • Apply separately for admission to MBA at SJMSOM-IIT Bombay
  • Download the online application form from the IIT Bombay website.
  • Compile all the relevant data required to fill it up, and then proceed to fill up and submit your online application.
  • Fill all the mandatory details in one go, otherwise the data will be lost as the session expires in 50 minutes.
  • Use the latest versions of Chrome or Firefox to fill up the application form.
  • Pay online the application fees of Rs.1600 (Rs.800 for SC/ST/PwD)

Selection Process

SJMSoM IIT Bombay opens its MBA admission after release of CAT exam result and keeps it open for a month. SJMSoM IIT Bombay MBA Admission is a two step process involving the preliminary screening based on CAT score leading to shortlisting of candidates and the Final admission selection Criteria with CAT exam score and other key parameters.

  • Submit Application by the last date for SJMSoM IIT Bombay MBA admission
  • SJMSoM-IIT Bombay will shortlist the candidates on the basis of CAT score, past academic performance, and other criteria. Minimum CAT cut off is 90 percentile. Key weightages for shortlisting are as below:
  • Components Weightage out of 100 points Remarks
    CAT overall score 70% 70% weightage to the candidate’s Overall scaled score to be calculated as: CAT score = (Candidate’s CAT scaled score/198) *70
    Class XII Marks  5% At Marks Percentage of 55+ for Arts/Humanities; 60+ in Commerce; 65+ in Science
    Graduation marks  5% At percentage of 85+ for Engg; 70+ for CA/ICWA; 75+ for Medicine/Arts
    Post Graduation/Professionals  5% 3% score will be awarded to Postgraduates candidates (M.Tech/ ME, MD, MS, MA, M.SC, MCA, M.Pharma, M.Plan., M.Arch.,M.Des., M.STAT., M.Com. and Other Commerce/ Economics Postgraduate courses and 5% score will be awarded to Professionals (CA, CS, CFA, ICWA & FRM).
    Gender Diversity factor 10%  For Women candidates only
    Work Experience  5% 24 months to less than 48 months
    Total 100%
  • All the shortlisted candidates are to participate in Final selection round for admission to SJMSOM IIT Bombay. The Final selection round will consist of Personal Interview. Shortlisted applicants need to upload copies of necessary certificates.
  • Candidate’s profile will be given due weightage in final selection round.
  • The Final Merit list of selected candidates for MBA programme will be based on Candidate’s composite score which includes CAT score, PI score and Candidate’s Profile

Important Dates

Event Start Date End Date
Important Date #1

Placements

SJMSOM  IIT Bombay has completed MBA Placement 2024 achieving yet again 100 placements with 33 rise in highest salary and marginal dip of 3 in average salary despite the challenging Economic scenario While the highest salary has gone up at Rs72 LPA from Rs54 LPA average salary has gone down from 2888 LPA to Rs2801 LPA Accenture Deloitte PwC Amazon among others were the prominent recruiters

Shailesh JMehta School of Management SJMSOM  IIT Bombay has completed Final Placement 2024 for its MBA 202224 batch with 33 increase in highest salary but registering 3 dip in average salary While Highest Salary has gone up at Rs72 LPA from Rs54 LPA the Average salary in SJMSOM Placement 2024 has down at Rs2801 LPA from Rs2888 LPA last year SJMSOM IIT Bombay has again achieved 100 placements for its MBA 202224 batch and this year too average salary for female students is higher than the average salary of male students

The twoyear MBA at SJMSOMIIT Bombay is a fulltime residential course for graduates from all disciplines wishing to choose a career in management SJMSoM IIT Bombay was recently ranked 10 in the Govt of India MHRD NIRF Ranking 2023 among top 125 management institutes in India

Sharing the SJMSOM IIT Bombay placement 2024 highlights Prof SVD Nageswara Rao Head SJMSOM IIT Bombay said The school has firmly established itself as one of the top Bschools in the country and the average CTC of Rs2801 lakh and 47 of the batch receiving PPOs is reflective of the same The successful placement season is a reflection of the curriculum and the training of our students

SJMSOM IIT Bombay MBA Placement 2024 Key Highlights

Achieves 100 Placement for MBA 202224 batch
Highest salary goes up by 33 at Rs 72 LPA in 2024 from Rs54 LPA last year
Average Salary dips by 3 at Rs2801 LPA in 2024 from Rs2888 LPA last year
Median Salary increased to Rs2673 LPA from Rs2664 LPA last year
Batch size 115 Students
Total Recruiters 48
47 Batch received PPOs
Average salary for female students Rs2931 LPA
Average work experience of the batch 22 months
Top Recruiting domains FMCGFMCD Conglomerate
Top Recruiters  Accenture Amazon PwC Deloitte among others
SJMSoM IIT Bombay Placements 2024 Key Trends
SJMSoM IIT Bombay has a consistent record of 100 placements over the years Some of the key Placement Trends for MBA 202224 batch are

Consistent rise in salary packages over the years with 100 placements
Average salary for female students at Rs2931 LPA is higher than for overall batch
Top Recruiters at SJMSOM
SJMSOM witnessed marquee recruiters across the sectors in Placement 2024 SJMSoM students got offers from across various sectors such as BFSI Conglomerate Consulting Ecommerce FMCGFMCD and ITITeS among others Students were placed for the most soughtafter profiles in Investment Banking Management Consulting Product Management and Strategy among others The legacy recruiters strengthened their faith in the institution along with multiple new recruiters who participated in this years placement season SJMSoM hosted prominent recruiters including numerous Fortune 500 companies Prominent recruiters in SJMSOM Placement 2023 include Accenture Amazon EXL Analytics Google HCL Tech Wipro Deloitte USI GEP IBM Consulting Nation with Namo PwC US Advisory Quintics DBS Bank Edelweiss Alternative Asset Advisors Fullerton India ICICI Bank Indus Valley Partners JP Morgan Chase  Co Nomura Yes Bank Asian Paints Atomberg Colgate Palmolive Diageo HUL ITC Kimberly Clark Marico Mondelz International PG Reckitt Tata Consumers Products Ltd ABFRL Adani Group Cargill Reliance Industries Ltd Games24x7 Landmark Group PlaySimple Games Rebel Foods Reliance Jio Sobha Realty Sun Pharma among others were the distinguished recruiters in SJMSoM MBA Placements 2024

New Recruiters in SJMSoM Placements 2024
New recruiters include Air India AMNS Cipla Dr Reddys Hexaware Technologies IDFC First Bank Seclore TAS TATA Communications and United Breweries Limited

SJMSOM MBA Class 2024 Batch Profile
SJMSOM IIT Bombay continues to be the choice for top graduates in the country and the batch profile of 202224 reinstates the same Graduates from IlTs NITs BITS Pilani and other reputed institutes are pursuing MBA from SJMSOM

The class of 2024 is a blend of fresh graduates professionals and budding entrepreneurs with an average work experience of 22 months from some of the top organizations in various profiles like Analytics Consulting IT Operations and Sales  Marketing

MBA 202224 Batch Profile

Batch size 115 students
Females 14
Students with work exp 76
Average Work Experience 22 months
The students have been consistent performers in extracurricular activities and have proved their mettle in national level competitions in sports music dramatics literature and photography A great many students have completed certifications like Chartered Financial Analyst CFA FLIP and Six Sigma

Placement Highlights

Year Average Salary Median Salary Highest Salary Batch Placed
2024 2593000 EURO ₹25.8 Lakh 4900000 EURO 100%
2023 2593000 EURO ₹25.8 Lakh 4900000 EURO 100%
2022 2593000 EURO ₹25.8 Lakh 4900000 EURO 100%

Infrastructure

Shailesh J. Mehta School of Management is an integral part and important academic unit of the Indian Institute of Technology Bombay. In 1995, IIT Bombay established SJMSoM, a Management School for nurturing innovation and excellence in all fields of management at its sprawling campus. Located in Powai, one of the northern suburbs of Mumbai, IIT Bombay is a fully residential institute, all its students are accommodated in its 15 hostels with in-house dining; the campus also provides excellent amenities for sports and other recreational facilities, rich Library, medical facilities, Gym, cafeteria, convenience store, incubation centre among others.

Shailesh J. Mehta School of Management is equipped with the most modern state-of-the-art facilities. The SJMSOM building is a modern structure with its classrooms, seminar halls, computer labs, Wi-Fi enabled lobbies and wide open spaces for discussions and events.

Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay – Facilities

  • A/C Classrooms

  • Cafeteria

  • Labs

  • Hostel

  • Library

  • Auditorium

  • Convenience Store

  • Gym

  • Hospital & Medical Facilities

  • Incubator

  • Shuttle Service

  • Sport Complex

  • Wi-Fi Campus

Reviews

Ranking

NIRF Management Rankings

Rank Overview

Year Rank
2023 N/A
2022 N/A
N/A 10
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